Protecting our members from fraud is one of our credit union’s highest priorities. Unfortunately, scams are happening at an alarming rate.
Our team at Downeast Credit Union wants to make you aware of some fraud trends we are seeing. We hope that by raising awareness about scams happening locally, you will be better positioned to spot the red flags before fraud impacts you.
What to Be on the Lookout For:
Any time someone claiming to be an authority figure contacts you out of the blue, whether it’s by phone, text, or email—even an online pop-up notification on your device—and asks you to take quick action involving any type of payment or the sharing of personal information, take pause! Often times, this is a big red flag of a scam!
For example, if you are unexpectedly contacted by someone who says you were accidentally issued an overpayment and needs the funds back right away, do not take action! Scammers will typically ask for payment back via a wire transfer, gift card, crypto-currency, or direct access to your accounts using your personal credentials. Do not provide it and know that our credit union will never ask you to do this! All of these are signs of a scam.
Additionally, fraudsters are increasingly trying to frighten their victim(s). If someone threatens to arrest you, sue you, or subject you to any other consequences if you don’t provide payment, allow them access to your personal devices, and/or keep a transaction a secret, it’s most likely a scam. Criminals know that fear can lead to poor judgement.
When in doubt, never give information out and always contact our credit union directly if you feel uncomfortable or are unsure about a communication. Know the signs and join us in being a fraud fighter!
Spotting the Red Flags of a Scam:
If you think you may have fallen victim, please call Downeast Credit Union immediately at 800-427-1223.
For our members’ convenience, links are available in this website to allow quick access to other sites that may be of interest. Clicking on a third party link will take you out of Downeast Credit Union’s website to an alternative website not operated by DECU. The Credit Union is not responsible for the content of the third party website and does not represent either the third party website or the member if you enter into a transaction. Privacy and security policies of the website to which you are linking may differ from those practiced by DECU.